There are two levels of GAP Insurance product available:

Finance GAP Insurance
In the event of your vehicle being written off in an accident or stolen (and not recovered) Finance GAP Insurance is designed to protect you against the risk of any shortfall in your finance settlement. Following the comprehensive motor insurance settlement Finance GAP Insurance can pay any difference between this and the cost to clear your finance agreement, up to a limit of £5,000, leaving you free of any outstanding liability.

Invoice GAP Insurance
In the event of your vehicle being written off in an accident or stolen (and not recovered) Invoice GAP Insurance offers you comprehensive protection. It provides the difference between the invoice price you paid for the vehicle and the amount you receive following the comprehensive motor insurance settlement, up to £25,000.

This is only a brief summary of cover; please ask your Retailer for full terms and conditions, including exclusions.


[1] Invoice GAP and Finance GAP Insurance is underwritten by Mapfre Asistencia Compania Internacional de Seguros y Reaseguros, Sociedad Anonima, Registered Office: Alpha House, 5th Floor, 24A Lime Street, London EC3M 7HS. Company No: FC021974. Branch no: BR008042. Authorised by the Financial Services Authority. Invoice GAP and Finance GAP insurance is administered by Abraxas Insurance Administration Services Limited, Unit 1 and 2 Buckingham Court, Beaufort Office Park, Almondsbury, Bristol, BS32 4NF. Authorised and regulated by The Financial Services Authority.